Nova Techset Limited

Provides e-publishing, content management, and engineering/manufacturing services with various products.

1998 | Pune City, Maharashtra (India) | Active
Last Updated: July 17, 2024

Nova Techset Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 15.45 Cr
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21.80 Cr
  • Revenue Growth -0.18%
  • Profit Growth 198.87%
  • Ebitda -23.09%
  • Net Worth 12.27%
  • Total Assets 0.79%

About Nova Techset

Nova Techset Limited (NTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 November 1998 and has a history of 26 years and three months. Its registered office is in Pune City, Maharashtra, India.

The Corporate was formerly known as Nova Techset Private Limited. The Company is engaged in the Internet Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 15.45 Cr.

The company currently has active open charges totaling ₹21.80 Cr.

The Key Managerial Personnel (KMP) at Nova Techset Limited India are Yogesh Agarwal as Ceo, Krishna Girish as Cfo, and Vivekkumar Kasat as Company Secretary. Yogesh Agarwal, Vivek Ghai, and Milind Karandikar serve as directors at the Company.

Company Details

  • Location

    Pune City, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    novatechset.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30007PN1998PLC216102

  • Company No.

    024374

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Internet

Who are the key members and board of directors at Nova Techset?

Executive Team (3)

NameDesignationAppointment DateStatus
Yogesh Agarwal Country flag representing In Managing Director31-Mar-2022Current
Krishna Girish CFO29-Sep-2022Current
Vivekkumar Kasat Company Secretary25-Apr-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Vivek Ghai Country flag representing In Additional Director 28-Feb-2024Current
Milind Karandikar Country flag representing In Director 05-Sep-2022Current

Financial Performance of Nova Techset.

Nova Techset Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.18% decrease. The company also saw a substantial improvement in profitability, with a 198.87% increase in profit. The company's net worth Soared by an impressive increase of 12.27%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.18%
Revenue from Operations
2.76%
Total Assets
0.79%
Profit or Loss
198.87%
Net Worth
12.27%
EBITDA
-23.09%

What is the Ownership and Shareholding Structure of Nova Techset?

In 2023, Nova Techset had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.80 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 10.00 Cr
  • Hdfc Bank Limited : 10.00 Cr
  • Others : 1.80 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2023Hdfc Bank Limited₹10.00 CrOpen
31 Jan 2022Others₹9.00 MOpen
31 Jan 2022Others₹9.00 MOpen
16 Oct 2017Yes Bank Limited₹10.00 CrOpen

How Many Employees Work at Nova Techset?

Nova Techset has a workforce of 1075 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nova Techset, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nova Techset's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nova Techset

Recent activity within the organization

  • Director Appointment

    Vivekkumar Sureshchandra Kasat was appointed as a Company Secretary was appointed as a Company Secretary on 25 Apr 2024 & has been associated with this company since 9 months 29 days .

    25 Apr 2024

  • Director Appointment

    Vivek Padam Ghai was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2024 & has been associated with this company since 11 months 25 days .

    28 Feb 2024

  • Annual General Meeting

    Nova Techset Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100812421 was registered on 26 Sep 2023.

    26 Sep 2023

  • Balance Sheet

    Nova Techset Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Yogesh Agarwal was appointed as a Ceo was appointed as a Ceo on 16 Feb 2023 & has been associated with this company since 2 years 6 days .

    16 Feb 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Nova Techset Limited was incorporated on 03 Nov 1998.

  • The authorized share capital of Nova Techset Limited is ₹ 17.00 Cr and paid-up capital is ₹ 15.45 Cr.

  • Currently 6 directors are associated with Nova Techset Limited.

    • Yogesh Agarwal
    • Vivek Padam Ghai
    • Milind Rajaram Karandikar
    • Yogesh Agarwal
    • Krishna Rao Girish
    • Vivekkumar Sureshchandra Kasat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nova Techset Limited is Office No. 101 Pentagon P4, Magarpatta City Hadapsar Hadpsar I.E., Pune City, Maharashtra, India, 411013.

  • The corporate identification number (CIN) of Nova Techset Limited is U30007PN1998PLC216102 and the company number is 024374 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nova Techset Limited is https://www.novatechset.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nova Techset Limited has fallen by -0.18%.

  • As Per 2023 financial reports, 1075 employees are currently employed by Nova Techset Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nova Techset Limited has experienced an upsurge of 12.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nova Techset Limited amount to ₹ 21.80 Cr.

  • The most recent Balance Sheet for Nova Techset Limited was filed with the ROC on 31 Mar 2023.

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